How to send money PayPal with no fee?

Sending Money with PayPal: The Fee-Free Guide

PayPal is a convenient way to send and receive money, but navigating its fee structure can be tricky. While PayPal often advertises itself as a free service, the reality is that fees apply to many transactions. However, there are ways to send money through PayPal completely free of charge. This guide will walk you through how to leverage PayPal’s fee-free options.

The Key to Fee-Free PayPal Transfers: Using Your Available Funds

The most straightforward way to avoid PayPal fees is to use the money already sitting in your PayPal account. This means you’ve either received money into your PayPal balance or transferred funds from your linked bank account beforehand. Sending money directly from your PayPal balance will not incur any fees, regardless of the recipient or the amount.

Other Fee-Free Options:

• Linked Bank Account: Sending money directly from your linked bank account is also generally fee-free. This is a great option if you don’t want to keep a large balance in your PayPal account. Note: While usually free, extremely high transaction volumes or other unusual circumstances could trigger fees; PayPal’s terms of service should be checked for specifics.
• Amex Send Account: If you have an American Express Send account, sending money via that method through PayPal is typically free. This option is specific to American Express cardholders and their linked accounts.

When Fees DO Apply:

It’s crucial to understand when PayPal will charge fees. These fees typically apply when you:

• Use a Credit or Debit Card: Using a credit card or debit card to send money will usually result in a fee of 2.9% of the transaction amount plus a fixed fee (the exact fixed fee varies depending on your location and currency). This is significantly more expensive than using your balance or bank account.
• Send Money Internationally: International transfers often involve additional fees beyond the standard 2.9% plus fixed fee. These fees vary depending on the destination country and the currency involved. Always check the PayPal fee calculator before sending international payments.

Tips for Avoiding PayPal Fees:

• Plan Ahead: If you know you need to send money, transfer funds to your PayPal balance or ensure sufficient funds are available in your linked bank account beforehand.
• Use the Fee Calculator: Before sending any money, especially internationally, use PayPal’s fee calculator to determine the exact costs involved. This tool is usually readily available on their website and app.
• Consider Alternatives: If avoiding fees is paramount and you’re sending a large amount, explore alternative payment methods, like bank transfers or other peer-to-peer payment platforms. They may offer different fee structures.

By understanding how PayPal’s fees work and utilizing the methods described above, you can easily send money without incurring any additional charges. Remember to always check the most up-to-date information on PayPal’s website for the latest fee details and to verify your eligibility for fee-free options.